taxes Property Tax Assistance

2021 ISD Summary Worksheet

Newton ISD (all splits)   Newton County  

176-Newton/Newton County

176-902/Newton ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 107,163,766 N/A 107,163,766 107,163,766
B - MULTIFAMILY 1,277,561 N/A 1,277,561 1,277,561
C1 - VACANT LOTS 8,363,783 N/A 8,363,783 8,363,783
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 58,724,950 N/A 58,724,950 58,724,950
D2 - FARM & RANCH IMP 580,802 N/A 580,802 580,802
E - NON-AG LAND AND IMPROVEMENTS 125,736,741 N/A 125,736,741 125,736,741
F1 - COMMERCIAL REAL 14,041,998 N/A 14,041,998 14,041,998
F2 - INDUSTRIAL REAL 3,056,451 N/A 3,056,451 3,056,451
G - ALL MINERALS 32,148,513 N/A 32,148,513 32,148,513
J - ALL UTILITIES 22,865,859 N/A 22,865,859 22,865,859
L1 - COMMERCIAL PERSONAL 4,131,997 N/A 4,131,997 4,131,997
L2 - INDUSTRIAL PERSONAL 6,441,360 N/A 6,441,360 6,441,360
M1 - MOBILE HOMES 22,305,280 N/A 22,305,280 22,305,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,098 N/A 6,098 6,098
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 406,845,159 0 406,845,159 406,845,159
Less Total Deductions 88,993,343 0 88,993,343 88,993,343
Total Taxable Value 317,851,816 0 317,851,816 317,851,816

The taxable values shown here will not match the values reported by your appraisal district.

See the ISD DEDUCTION Report for a breakdown of deduction values.

Government Code subsections 403.302(j) and (k) require the Comptroller's office to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For school districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 330,302,710 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 317,851,816 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 316,306,587 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 303,855,693 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 330,302,710 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 317,851,816 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 316,306,587 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 303,855,693 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,450,894 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 13,996,123 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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176-902-02/Newton ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 107,163,766 N/A 107,163,766 107,163,766
B - MULTIFAMILY 1,277,561 N/A 1,277,561 1,277,561
C1 - VACANT LOTS 8,363,783 N/A 8,363,783 8,363,783
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 58,724,950 N/A 58,724,950 58,724,950
D2 - FARM & RANCH IMP 580,802 N/A 580,802 580,802
E - NON-AG LAND AND IMPROVEMENTS 125,736,741 N/A 125,736,741 125,736,741
F1 - COMMERCIAL REAL 14,041,998 N/A 14,041,998 14,041,998
F2 - INDUSTRIAL REAL 3,056,451 N/A 3,056,451 3,056,451
G - ALL MINERALS 32,148,513 N/A 32,148,513 32,148,513
J - ALL UTILITIES 22,865,859 N/A 22,865,859 22,865,859
L1 - COMMERCIAL PERSONAL 4,131,997 N/A 4,131,997 4,131,997
L2 - INDUSTRIAL PERSONAL 6,441,360 N/A 6,441,360 6,441,360
M1 - MOBILE HOMES 22,305,280 N/A 22,305,280 22,305,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,098 N/A 6,098 6,098
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 406,845,159 406,845,159 406,845,159
Less Total Deductions 88,993,343 88,993,343 88,993,343
Total Taxable Value 317,851,816 317,851,816 317,851,816

The taxable values shown here will not match the values reported by your appraisal district.

See the ISD DEDUCTION Report for a breakdown of deduction values.

Government Code subsections 403.302(j) and (k) require the Comptroller's office to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For school districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

VALUE TAXABLE FOR M&O PURPOSES

Measure Value Description
T1 330,302,710 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 317,851,816 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 316,306,587 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 303,855,693 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 330,302,710 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 317,851,816 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 316,306,587 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 303,855,693 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,450,894 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 13,996,123 50% of the loss to the local optional percentage homestead exemption

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